- by Samantha Dunn
- 11 hours ago
Ripple Labs Lawsuit Update: Judge Netburn Rules In Favour of Ripple in 3 out of 4 motions
The ongoing Ripple Labs v SEC case seems like it might be swinging in favour of Ripple Labs following the news that a number of recent motions by the SEC...
- by Amara Khatri
- 17 hours ago
World Bank Refuses To Assist El Salvador With Bitcoin Implementation
The world bank has revealed that it has refused to assist El Salvador with the implementation of Bitcoin as legal tender. El Salvador had hoped to use Bitcoin as legal...
- by Laurie Dunn
- 1 day ago
Regulators should look at crypto for a good example of how a financial system should look like
Alex Mashinsky, billionaire entrepreneur, and CEO of Celsius, was recently interviewed on Kitco News on his views on how his company was challenging the traditional banking system in order to give investors far...
- by Laurie Dunn
- 1 day ago
Could stablecoins fragment the financial system?
The total market cap of stable coins broke $100 billion at the end of May. The US administration and regulators are now expressing alarm for investors, as well as for...
- by Samantha Dunn
- 6 days ago
Texas state-chartered banks will now be able to provide virtual currency custody services to their clients
The Texas department of banking has outlined in a notice that Texas state-chartered banks will now be able to provide virtual currency custody services to their clients. The notice, issued...
- by Amara Khatri
- 6 days ago
Enforcement Directorate Issues Show Cause Notice To India-Based Crypto Exchange WazirX
India’s Enforcement Directorate (ED) has issued a show-cause notice to Mumbai-based and Binance-owned cryptocurrency exchange WazirX under FEMA (Foreign Exchange Management Act). The notice was issued as a part of...
- by Amara Khatri
- 6 days ago
Former PBOC Governor Denounces Cryptocurrencies As “No Longer Suitable” For Payments
Zhou Xiaochuan, the former Governor of the People’s Bank of China (PBOC) spoke at length in the Lujiazui Forum on the hot button topic of cryptocurrencies, saying that cryptos might...
- by Samantha Dunn
- 6 days ago
banking regulator formally recognises bitcoin as an asset class
The Basel Committee on Banking Supervision has formally recognised Bitcoin as an asset class. Today the regulator of international banking standards proposed a number of rules and standards for banks...
- by Vince Dioquino
- 1 week ago
India might move to classify Bitcoin as an asset class
Following the historic passing of the Bitcoin Law in El Salvador, industry sources indicate that a similar move is under way in India.Cryptocurrency regulation in India has been on the...
- by Samantha Dunn
- 1 week ago
Mexico To Propose A Legal Framework For Cryptocurrencies
Senator Eduardo Murat Hinojosa has announced that he will propose a legal framework for virtual currencies in the chamber. The news comes shortly after El Salvador made Bitcoin legal tender. ...
- by Samantha Dunn
- 1 week ago
Here's Why Senator Elizabeth Warren Distrusts Cryptocurrency
Democratic senator Elizabeth Warren has voiced concerns over cryptocurrencies during a session of the Senate Banking committee, stating that “crypto is a lousy investment”. The committee on Banking, Housing, and...
- by Samantha Dunn
- June 09, 2021
Panama Is Preparing A Cryptocurrency Proposal
Following the news that El Salvador’s government is in the process of making Bitcoin legal tender, Panamanian congressman, Gabriel Silva, tweeted stating that Panama may be the next in line...
- by Crypto Daily
- June 09, 2021
Concordium Announces The Launch of It’s Mainnet and MVP
Privacy-oriented cryptocurrencies are all the rage since the early days of cryptocurrencies. The basic premise of almost every cryptocurrency out there is common - Privacy and Anonymity. Yet, the cryptocurrency...
- by Vince Dioquino
- June 09, 2021
El Salvador Passes Bitcoin Law
The Latin American nation has passed the bill for its Bitcoin Law after a session in congress earlier today, shortly before 6AM UTC. According to a tweet by President Nayib...
- by Vince Dioquino
- June 09, 2021
Hong Kong Publishes FinTech Strategy, pursues CBDCs
The Hong Kong Monetary Authority recently published its “Fintech 2025” strategy, a comprehensive plan for its adoption of digital finance by 2025.The innovation plan includes a section on central bank...
